John Thedford
BS Figures By Unlicensed Brokers...But They Have A Disclaimer!
I continually see lots of these scammers with total BULLoney claims. I just reviewed one website that proclaims they bring buyers properties at 30-50% under market. They have this nice little disclaimer at the bottom ...
William B.
Is it possible to create an LLC for a husband and wife and not pay self-employment taxes?
Hi BPers-I want to create a business name that is separate from my wife's and my name. I primarily want this to serve two functions - 1) so our tenants do not know that we are the 'big, bad landlord' and 2) be able u...
Jay Whitfield
Wholesale or investors required to have license to sell real estate
Has any investor have any information that you will be required to have a license if you sale over a certain amount of real estate? Did you hear of any legislation going to your state for a change in the law? Someone ...
Karen Miller
"Highest & best" - any way to verify a multiple offer situation?
Hello BP Experts! I'm a newbie who has been out looking, running numbers, and finally made an offer. Then I'm notified there is another offer and they are asking for "highest & best." How do I know there is really...
Lena Oeun
Wholesaling in PA: Need License... Should I steer away?
PA passed a law that To wholesale, you need a wholesale license (cost $500.) In Philadlephia, you need to be a licensed realtor to be a wholesaler...Pro: With restrictions leads to lower competition overall. Con: You ...
Account Closed
Investment Proposals Advice
Recently I had sent an Investment Proposal for an off market property to a local HML. The Lender expressed interest and thought the investment fit one of his programs. Everything seemed to be going as normal until...
Account Closed
How much montly profit do you make on your property?
Is there any guideline or goal of how much a monthly profit anyone makes on 1 property?
I have a property worth 70k and rented for $990 and stick $400 a month in my pocket. I think thats pretty good (got a go...
Cristina Corredor
As a realtor do you assign contracts when wholesaling or you are only allowed to double close?
Hi,
I have a deal under contract and I´m looking to assign it to an end buyer (wholesale). I am a realtor with Keller Williams and they are telling me that assigning a contract for a "fee" it´s not legal as I...
John D.
Legally apply deposit as June rent with tenant approval?
Please don't engage this post to debate whether this is good business, that is a completely separate question and let's not address that here. My collections are almost normal, off by a small percentage. Our courts ar...
Steve Leonard
Submitting an offer on an MLS Property
Hey Yall,I'm brand new in the Real Estate game. I'm ready to step out of my comfort zone and make some bids on some properties. Think I have a handle on if the property is not listed but I found a property that is l...